Answer:
(a) $10 million
(b) $1 per share
(c) $49
(d) 25 %
Explanation:
(a) Estimated net earnings for next year.
Sales next year = $100 million
Net profit margin = 10%
Net profit margin = Net Income ÷ Sales
Net Income = 10% × $100 million
= $10 mil
lion
(b) Next year's dividends per share.
Dividend payout = Dividends paid ÷ Net Income
= 50%
Dividends paid = $10 × 50%
= $5 mil
lion
Per share dividend = Dividend paid ÷ Shares outstanding
= $5 million ÷ 5 million
= $1 per share
(c) The expected price of the stock (assuming the P/E ratio is 24.5 times earnings).
Earnings per share:
= Net income ÷ shares outstanding
= $10 million ÷ 5 million
= $2 per share
P/E Ratio = Price per share ÷ Earnings per share
Price per share = $2 × 24.5
= $49
(d) The expected holding period return (latest stock price: $40 per share).
= (Final price - Initial price + Dividend) ÷Initial Price
= ($49 - $40 + $1) ÷ $40
= 25%
<u>Answer</u>:
Major activities of the Planning Section include: D) Preparing and documenting Incident Action Plans.
<u>Explanation</u>:
The Planning section is responsible for various activities carried out in Incident Command System or ICS. ICS is used to respond to emergencies in the United States. The activities that befall under this section are mostly related to plannings.
These activities are: collecting and evaluating information, preparing and maintaining documents of incidents, etc. Preparing and maintaining the incident documents is an essential task and requires accuracy in representing the facts and figures. Hence, we can say that D is the only activity in the planning section of the ICS.
Pushes herself and is determined to finish something she started.
Answer:E- A temptation to start a crisis to create public support at home
Explanation: A diversionary incentive is a term used to describe the various attempts of a foreign country to create crisis in a given country in order to gain support at home.
Diversionary incentive is usually implemented by certain countries for their own selfish gains,they want their own Citizens to focus their minds and interests in crisis outside their own Country,hence lossing focus of the problems bedeviling their own country.
Answer: Product development is the complete process of delivering a new product or improving an existing one for customers. The customers can be external or internal within a company.The objective is to ensure that the new or enhanced product satisfies a real customer needs
Explanation: